Business Capital Secures $3MM Equipment Loan for Hay Harvester

Business Capital structured and secured financing for one of the largest regional providers of high-quality custom hay harvesting with a fleet of tractors, balers and related equipment.

The company had the opportunity to provide a $3.MM convertible note (B-round) investment in a mining company, which will be using the proceeds to fund operations in anticipation of a C-round share offering.

BizCap was quickly able to structure and secure a $3MM senior secured term loan in this very tight time frame, which provided the company with the necessary capital to take advantage of the investment opportunity.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.